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Business description
Very long established & well known and set in High Street position of sought-after town. Character shop professionally fitted with display shelving & hanging rails, etc with ground & basement retail areas with current rent £10,080pa. In hands of current owner for last 24years! T/O £1,400+pw with lots of scope to easily increase with new enthusiastic owner operator.
Property information
- Property:
- Leasehold
- Lease terms:
- We understand that the landlord is prepared to grant a new lease to the new owner with terms to be agreed. The current rent is £840 per month (£10,080 per annum)
- Leasehold rent:
- £10,080 per annum
- Location:
- This long established business is located in the High Street of a growing and much sought-after town in West Sussex, close to the M23/M25 & Surrey border. It occupies a good footfall position and is close to national and local retailers, the town's cinema and public car parks, which are within a few minutes walk.
- Premises details:
- The business occupies a character lock-up shop premises over two floors with an attractive traditional brick & wood frontage with large main display window with fascia name board over and a further hanging sign above the shop.
An offset entrance door leads into the Main Ground Floor Retail Area which is professionally presented with wood flooring and purpose built wooden hanging rails and shelving, track spot lighting, mirrors and central hanging displays. To the rear open plan stairs lead down to the Basement Retail Area which has a beamed ceiling, track spot lighting & fitted carpets, and again is well presented with display shelves and hanging rails, etc.
Business Operation
- Expansion potential:
- could introduce fresh lines and a website
- Reasons for selling:
- owner wants to retire to concentrate on development business
- Employees:
- 1 full time, owner as required
- Years established:
- 42